Capital to build from the ground up.
Our new construction program funds spec homes and infill development with leverage on land and build costs, plus a structured draw schedule that keeps your project — and your crews — moving on time.
Example terms*
| Loan amount | $250K – $5M+ |
|---|---|
| Up to % of cost | Up to 85% of total cost |
| Land financing | Available |
| Term | 12 – 18 months |
| Draws | Structured by milestone |
| Property types | SFR, townhome & small infill |
*Illustrative highlights only. Actual rates, leverage, and terms are determined by the asset, your experience, and final underwriting. Contact us for a quote specific to your deal.
Is this the right fit?
- You're a spec builder or small-balance developer
- You need land plus vertical construction financing
- Predictable, milestone-based draws are critical to your schedule
- You build single-family, townhome, or small infill projects
A construction lender that respects your timeline
Milestone draws
Funds release on a clear inspection schedule so your build never stalls waiting on capital.
Land + build
Finance acquisition and construction together for cleaner, simpler projects.
Builder-focused
We understand spec building and structure terms around how projects actually run.
Plan your exit
Transition to a DSCR loan or sale with financing structured around your end goal.
Request New Construction Loans terms
Tell us about your deal and a NuGen advisor will follow up — usually the same business day. No hard credit pull to get a quote.
- Fast, asset-based decisions
- Southeast US focus
- A real person on every file
New Construction Loans questions
It typically covers a portion of the land and the vertical construction costs, released through a draw schedule as the build hits milestones.
Our program offers up to 85% of total project cost, subject to experience, the project, and underwriting.
Funds are released in stages as work is completed and verified by inspection, keeping the project funded throughout the build.
Experience strengthens your terms. Newer builders should reach out — we'll review the project and your team.
Ready to fund your next build?
Apply now or call us to talk through your scenario with a NuGen lending advisor.